Archive for government
Mortgage Rule Updates: What’s “Trending” Now!
The term “trending” is making its way to mainstream media—but it seems that it also applies to the new mortgage rules. It’s hot for a while—until they are updated again. And you’ll find… Read more
FHA TOTAL Scorecard Class: 8 Hidden Deal Killers
Let’s face it! An “approve” decision from your FHA AUS does not necessarily mean that you are “home free”! So, we’ve found 8 hidden deal killers that will turn your “automatic approval” into… Read more
Whistleblowers Reaping Millions From Mortgage Crisis
Since February, all the focus of mainstream media has been about how much of the $25 billion mortgage settlement will filter down to homeowners. For many the relief comes too late, although… Read more
FHA Piles It On
Well, last month there were no FHA updates to report—but I just knew that the “silence” meant that they are dumping a bunch of changes on you—and what a dump It’s going to be. The big… Read more
HARP 2.0 Refinance – “Responsible” Homeowners Get Their Reward
In November 2011 the Obama administration announced an overhaul on the Home Affordable Refinance Program (HARP). Much needed and anticipated, HARP Refinance 2.0 stands to provide relief to a LOT… Read more
Good News for Mortgage Rules…for a Change!
So I have some good news, and even more good news. First the good news–it seems like the rule makers have been on vacation, with eight updates over the last 30 days. In fact, this is the first… Read more
“What Ronald Reagan said about the federal government…” (Mtg. Regs Update)
I’m sure that at some point in your life, you’ve heard the three biggest lies in the world…. “Your check is in the mail.” Or: “I promise I’ll respect you in the morning.” And as… Read more
MERS And Recording – Past, Present, And Future (Pt. 3-A New System)
This is part 3 of a three part series. See also Part 1 and Part 2. The Solution The innovation of MERS into the mortgage and recording process has led to wholesale changes in mortgage… Read more
Analysis of Obama’s Proposed Fannie/Freddie “Streamline Refi” Program
In the President’s speech to Congress on Thursday, Sep 8, he referenced a new program that he would initiate to assist homeowners with their housing woes. Details of the proposal have not been… Read more
The FHFA Enterprise… The Final Voyage?
In a speech at the American Mortgage Conference in Raleigh, NC this week, the director of the FHFA, Edward DeMarco, elevated Fannie and Freddie from mere GSE’s (government sponsored entities)… Read more
